Based on what I remember and some really rough math, think the current system might be a 1.0 rating equals around 1.6 million viewers for WWE's shows.
Whole thing gets confusing at times since different equations are used depending on the demo group and if your show is on cable or network tv. Then you have the different hours which I think also have their own weight for ratings.
Viewership is also a lot more fickle so the only real way to know if a show is a real hit or heading towards disaster is via the ratings numbers since its a lot less fluid.
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